Mentiga Corporation Bhd Net Assets
Mentiga Corporation Bhd net assets. Based on the latest financial reports, Mentiga Corporation Bhd (5223) has net assets worth RM224.08 Million MYR (≈ $56.26 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM345.03 Million ≈ $86.63 Million USD) and total liabilities (RM120.95 Million ≈ $30.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See 5223 equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM224.08 Million |
| % of Total Assets | 64.94% |
| Annual Growth Rate | 9.84% |
| 5-Year Change | 20.18% |
| 10-Year Change | 74.45% |
| Growth Volatility | 16.46 |
Net Assets of Mentiga Corporation Bhd (2012–2024)
Net assets of Mentiga Corporation Bhd from 2012 to 2024. This chart illustrates how Mentiga Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Mentiga Corporation Bhd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Mentiga Corporation Bhd (2012–2024)
The table below shows the annual net assets of Mentiga Corporation Bhd from 2012 to 2024. For live market cap and overall valuation, see Mentiga Corporation Bhd (5223) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM225.04 Million ≈ $56.50 Million |
-3.21% |
| 2023-12-31 | RM232.51 Million ≈ $58.37 Million |
+29.56% |
| 2022-12-31 | RM179.45 Million ≈ $45.06 Million |
-7.41% |
| 2021-12-31 | RM193.83 Million ≈ $48.66 Million |
+3.50% |
| 2020-12-31 | RM187.26 Million ≈ $47.02 Million |
+0.45% |
| 2019-12-31 | RM186.42 Million ≈ $46.80 Million |
+35.38% |
| 2018-12-31 | RM137.70 Million ≈ $34.57 Million |
+2.77% |
| 2017-12-31 | RM133.99 Million ≈ $33.64 Million |
+0.26% |
| 2016-12-31 | RM133.65 Million ≈ $33.55 Million |
+3.60% |
| 2015-12-31 | RM129.00 Million ≈ $32.39 Million |
+37.23% |
| 2014-12-31 | RM94.00 Million ≈ $23.60 Million |
-3.09% |
| 2013-12-31 | RM97.00 Million ≈ $24.35 Million |
+32.88% |
| 2012-12-31 | RM73.00 Million ≈ $18.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mentiga Corporation Bhd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3363583000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Mentiga Corporation Bhd Net Assets Breakdown (December 2024)
Mentiga Corporation Bhd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM71.79 Million | 31.90% |
| Other Components | RM190.80 Million | 84.78% |
| Total Equity | RM225.04 Million | 100.00% |
Mentiga Corporation Bhd Competitors by Market Cap
The table below lists competitors of Mentiga Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cordoba Minerals Corp
V:CDB
|
$15.47 Million |
|
Yorbeau Resources Inc
TO:YRB
|
$15.47 Million |
|
111 Inc
NASDAQ:YI
|
$15.49 Million |
|
Lighting and Equipment Public Company Limited
BK:L&E
|
$15.49 Million |
|
Citius Pharmaceuticals Inc
NASDAQ:CTXR
|
$15.46 Million |
|
DF Deutsche Forfait AG
XETRA:DFTK
|
$15.45 Million |
|
Netel Holding AB
ST:NETEL
|
$15.45 Million |
|
WindowMaster International AS
CO:WMA
|
$15.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mentiga Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 232,507,510 to 225,044,750, a change of -7,462,760 (-3.2%).
- Net loss of 4,682,650 reduced equity.
- Other factors decreased equity by 2,780,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.68 Million | -2.08% |
| Other Changes | RM-2.78 Million | -1.24% |
| Total Change | RM- | -3.21% |
Book Value vs Market Value Analysis
This analysis compares Mentiga Corporation Bhd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.46x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.91 | RM0.88 | x |
| 2017-12-31 | RM1.91 | RM0.88 | x |
| 2018-12-31 | RM1.97 | RM0.88 | x |
| 2019-12-31 | RM2.66 | RM0.88 | x |
| 2020-12-31 | RM2.68 | RM0.88 | x |
| 2021-12-31 | RM2.77 | RM0.88 | x |
| 2022-12-31 | RM2.56 | RM0.88 | x |
| 2023-12-31 | RM3.32 | RM0.88 | x |
| 2024-12-31 | RM3.21 | RM0.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mentiga Corporation Bhd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.45%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.54x
- Recent ROE (-2.08%) is below the historical average (-2.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.68% | 28.24% | 0.07x | 1.36x | RM-9.78 Million |
| 2017 | 0.78% | 7.88% | 0.07x | 1.39x | RM-12.36 Million |
| 2018 | 2.70% | 23.03% | 0.08x | 1.40x | RM-10.06 Million |
| 2019 | 1.72% | 21.04% | 0.06x | 1.39x | RM-15.44 Million |
| 2020 | 0.45% | 5.62% | 0.06x | 1.41x | RM-17.89 Million |
| 2021 | -9.21% | -159.70% | 0.04x | 1.44x | RM-37.24 Million |
| 2022 | -10.05% | -122.24% | 0.05x | 1.53x | RM-35.99 Million |
| 2023 | -5.44% | -44.59% | 0.08x | 1.50x | RM-35.89 Million |
| 2024 | -2.08% | -15.45% | 0.09x | 1.54x | RM-27.19 Million |
Industry Comparison
This section compares Mentiga Corporation Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $366,373,072
- Average return on equity (ROE) among peers: -11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mentiga Corporation Bhd (5223) | RM224.08 Million | 2.68% | 0.54x | $15.47 Million |
| Green Ocean Corporation Bhd (0074) | $113.71 Million | -3.46% | 0.17x | $3.71 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $74.04 Million |
| Greenyield Bhd (0136) | $141.13 Million | -7.04% | 0.78x | $20.87 Million |
| Heng Huat Resources Group Bhd (0175) | $36.07 Million | -118.86% | 2.26x | $28.17 Million |
| Matang Bhd (0189) | $186.58 Million | 0.98% | 0.01x | $41.99 Million |
| Pinehill Pacific Bhd (1902) | $110.00 Million | -10.00% | 2.40x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $647.08 Million | 2.74% | 0.03x | $245.44 Million |
| Kretam Holdings Bhd (1996) | $738.85 Million | 20.75% | 0.39x | $365.90 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $556.55 Million | 4.43% | 0.35x | $93.24 Million |
| TDM Berhad (2054) | $659.99 Million | 1.67% | 1.61x | $88.67 Million |
About Mentiga Corporation Bhd
Mentiga Corporation Berhad, an investment holding company, engages in the oil palm plantation business in Malaysia. It operates through Timber Products, Plantation, and Mining segments. The company is also involved in durian plantation; timber extraction; trading in related timber products; reforestation project; and other agricultural activities. In addition, it extracts and explores mining ores… Read more